Who’s buying the Verizon iPhone

Piper Jaffray’s Gene Munster, one of the few Apple AAPL analysts who believes in counting heads, issued a note to clients Thursday with the results of a quick survey of early Verizon VZ iPhone buyers.

He and his team interviewed 40 customers in New York City and Minneapolis. “Lines were shorter than expected,” he wrote. “But recall that online pre-orders sold out in less than a day.”

The pie chart at right shows the predominance of current Verizon customers, followed Sprint S, T-Mobile DT and AT&T T. Based on what is admittedly a very small survey, Munster concludes that cannibalization of existing AT&T customers may be less than he anticipated.

Piper Jaffray’s Gene Munster, one of the few Apple AAPL analysts who believes in counting heads, issued a note to clients Thursday with the results of a quick survey of early Verizon VZ iPhone buyers.

He and his team interviewed 40 customers in New York City and Minneapolis. “Lines were shorter than expected,” he wrote. “But recall that online pre-orders sold out in less than a day.”

The pie chart at right shows the predominance of current Verizon customers, followed Sprint S, T-Mobile DT and AT&T T. Based on what is admittedly a very small survey, Munster concludes that cannibalization of existing AT&T customers may be less than he anticipated.